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Innocent’s loss

I agree with Anon (21 Jun, 12:06 pm). This article completely glazes over how Mr R came to buy the stock in the first place. He clearly had inside knowledge and clearly used that to his advantage. Great, he's smart enough not to commit it to paper, but that doesn't mean he was truly on the up and up. Frankly too many people get away with this sort of thing, and while I agree that too much regulation is bad, too little is equally bad - to little has played a large part in the current financial state of the world. Just goes to show what happens when you leave corporations to do what they think is best - they show their greed and ultimately cannibalise each other.

22-Jun-2010

3:37 pm